1564 Locust Ave Long Beach, CA 90813
Washington School NeighborhoodEstimated payment $6,429/month
Highlights
- Contemporary Architecture
- No HOA
- Wrought Iron Fence
- Long Beach Polytechnic High School Rated A
- Bike Trail
- West Facing Home
About This Home
This well-maintained 4-unit income property presents a strong opportunity for investors seeking stable, long-term rental income. The building features four units with functional layouts that provide comfortable living spaces and consistent tenant appeal.
The property is currently occupied by some long-term tenants and tenants within the last three years, offering immediate and reliable income with a proven rental history. Their extended tenancy reflects the overall desirability and stability of the property.
Public Street parking for the property is available on the street directly in front of the building, providing convenient access for residents and guests.
Located in a high-demand rental area of Long Beach, the property is close to schools, shopping, public transportation, and major freeways, making it attractive to a wide range of tenants.
Overall, this is a solid multi-unit investment with dependable income, minimal turnover, and strong long-term upside in a desirable market.
Listing Agent
Circle Real Estate Brokerage Phone: 562-318-4021 License #01882629 Listed on: 03/25/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 3,011 Sq Ft Lot
- Two or More Common Walls
- West Facing Home
- Wrought Iron Fence
Home Design
- Contemporary Architecture
- Quadruplex
- Entry on the 2nd floor
- Flat Roof Shape
- Copper Plumbing
Interior Spaces
- 3,458 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Outdoor Features
- Rain Gutters
Utilities
- Wall Furnace
- Standard Electricity
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 10
- Tax Tract Number 5754
- Assessor Parcel Number 7269017033
- $902 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
- Poly High Subdivision
Recreation
- Bike Trail
Building Details
- 2 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $300
- Fuel Expense $656
- Gardener Expense $720
- Insurance Expense $1,200
- Water Sewer Expense $1,515
- Operating Expense $4,390
- Gross Income $91,200
- Net Operating Income $82,250
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,563 | $389,353 | $155,738 | $233,615 |
| 2024 | $5,563 | $381,720 | $152,685 | $229,035 |
| 2023 | $5,463 | $374,237 | $149,692 | $224,545 |
| 2022 | $5,144 | $366,900 | $146,757 | $220,143 |
| 2021 | $5,018 | $359,707 | $143,880 | $215,827 |
| 2019 | $4,946 | $349,039 | $139,613 | $209,426 |
| 2018 | $4,789 | $342,196 | $136,876 | $205,320 |
| 2016 | $4,395 | $328,911 | $131,562 | $197,349 |
| 2015 | $4,229 | $323,971 | $129,586 | $194,385 |
| 2014 | $4,219 | $317,626 | $127,048 | $190,578 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2026 03/25/26 | For Sale | $1,125,000 | -- | $325 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26065029
APN: 7269-017-033
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
- 1626 Pine Ave
- 1598 Long Beach Blvd Unit 410
- 1598 Long Beach Blvd Unit 305
- 1598 Long Beach Blvd Unit 412
- 1598 Long Beach Unit 307
- 1598 Long Beach Unit 401
- 1598 Long Beach Unit 201
- 1598 Long Beach Unit 407
- 1631 Pine Ave
- 1500 Pine Ave Unit 10
- 1757 Long Beach Blvd
- 402 E 16th St
- 1584 Elm Ave
- 412 E 16th St
- 1450 Locust Ave Unit 217
- 1868 Locust Ave
- 302 E 19th St Unit 7
- 1885 Locust Ave
- 1914 Locust Ave
- 1864 Cedar Ave
- 1598 Long Beach Unit 405
- 1598 Long Beach
- 324 E Esther St Unit 7
- 1430 Elm Ave
- 1815 Locust Ave Unit 8
- 1834 Pine Ave Unit 5
- 1491 Atlantic Ave
- 549 E 17th St Unit 551
- 1424 Chestnut Ave Unit 16
- 1880 Locust Ave
- 115 E 12th St Unit 2
- 1871 Pacific Ave Unit 1871
- 1487 Henderson Ave
- 1500 Magnolia Ave Unit 2
- 1112 Locust Ave
- 1081 Long Beach Blvd
- 1912 Pasadena Ave Unit 6
- 1154 Cedar Ave
- 533 E 11th St Unit 14
- 539 E 11th St Unit 7
Ask me questions while you tour the home.